Oil & Natural Gas Corporation Limited (ONGC) - Net Assets
Based on the latest financial reports, Oil & Natural Gas Corporation Limited (ONGC) has net assets worth Rs4.02 Trillion INR (≈ $43.46 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs7.81 Trillion ≈ $84.51 Billion USD) and total liabilities (Rs3.80 Trillion ≈ $41.05 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ONGC asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.02 Trillion |
| % of Total Assets | 51.42% |
| Annual Growth Rate | 11.62% |
| 5-Year Change | 54.26% |
| 10-Year Change | 86.68% |
| Growth Volatility | 7.23 |
Oil & Natural Gas Corporation Limited - Net Assets Trend (2002–2025)
This chart illustrates how Oil & Natural Gas Corporation Limited's net assets have evolved over time, based on quarterly financial data. Also explore ONGC current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Oil & Natural Gas Corporation Limited (2002–2025)
The table below shows the annual net assets of Oil & Natural Gas Corporation Limited from 2002 to 2025. For live valuation and market cap data, see market cap of Oil & Natural Gas Corporation Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs3.74 Trillion ≈ $40.47 Billion |
+2.50% |
| 2024-03-31 | Rs3.65 Trillion ≈ $39.48 Billion |
+20.34% |
| 2023-03-31 | Rs3.03 Trillion ≈ $32.81 Billion |
+7.08% |
| 2022-03-31 | Rs2.83 Trillion ≈ $30.64 Billion |
+16.79% |
| 2021-03-31 | Rs2.43 Trillion ≈ $26.24 Billion |
+7.93% |
| 2020-03-31 | Rs2.25 Trillion ≈ $24.31 Billion |
-4.85% |
| 2019-03-31 | Rs2.36 Trillion ≈ $25.55 Billion |
+7.57% |
| 2018-03-31 | Rs2.20 Trillion ≈ $23.75 Billion |
-2.52% |
| 2017-03-31 | Rs2.25 Trillion ≈ $24.37 Billion |
+12.40% |
| 2016-03-31 | Rs2.00 Trillion ≈ $21.68 Billion |
+9.59% |
| 2015-03-31 | Rs1.83 Trillion ≈ $19.78 Billion |
+4.49% |
| 2014-03-31 | Rs1.75 Trillion ≈ $18.93 Billion |
+13.33% |
| 2013-03-31 | Rs1.54 Trillion ≈ $16.71 Billion |
+11.40% |
| 2012-03-31 | Rs1.39 Trillion ≈ $15.00 Billion |
+18.18% |
| 2011-03-31 | Rs1.17 Trillion ≈ $12.69 Billion |
+13.86% |
| 2010-03-31 | Rs1.03 Trillion ≈ $11.14 Billion |
+10.05% |
| 2009-03-31 | Rs936.35 Billion ≈ $10.13 Billion |
+18.18% |
| 2008-03-31 | Rs792.31 Billion ≈ $8.57 Billion |
+17.30% |
| 2007-03-31 | Rs675.46 Billion ≈ $7.30 Billion |
+25.18% |
| 2006-03-31 | Rs539.60 Billion ≈ $5.84 Billion |
+15.19% |
| 2005-03-31 | Rs468.45 Billion ≈ $5.07 Billion |
+12.15% |
| 2004-03-31 | Rs417.69 Billion ≈ $4.52 Billion |
+14.84% |
| 2003-03-31 | Rs363.72 Billion ≈ $3.93 Billion |
+21.83% |
| 2002-03-31 | Rs298.55 Billion ≈ $3.23 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Oil & Natural Gas Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 515961.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs298.80 Billion | 8.70% |
| Common Stock | Rs62.90 Billion | 1.83% |
| Other Comprehensive Income | Rs3.07 Trillion | 89.47% |
| Other Components | Rs30.00K | 0.00% |
| Total Equity | Rs3.43 Trillion | 100.00% |
Oil & Natural Gas Corporation Limited Competitors by Market Cap
The table below lists competitors of Oil & Natural Gas Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aena SA
MC:AENA
|
$40.76 Billion |
|
Infineon Technologies AG
F:IFXA
|
$40.80 Billion |
|
Danske Bank A/S
CO:DANSKE
|
$40.93 Billion |
|
Samsung Electro-Mechanics
KO:009150
|
$40.99 Billion |
|
Consolidated Edison Inc
NYSE:ED
|
$40.71 Billion |
|
Old Dominion Freight Line Inc
NASDAQ:ODFL
|
$40.61 Billion |
|
Ventas Inc
NYSE:VTR
|
$40.60 Billion |
|
Rocket Lab USA Inc.
NASDAQ:RKLB
|
$40.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oil & Natural Gas Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,370,702,270,000 to 3,434,404,800,000, a change of 63,702,530,000 (1.9%).
- Net income of 362,256,230,000 contributed positively to equity growth.
- Dividend payments of 169,847,400,000 reduced retained earnings.
- Other comprehensive income increased equity by 92,674,840,000.
- Other factors decreased equity by 221,381,140,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs362.26 Billion | +10.55% |
| Dividends Paid | Rs169.85 Billion | -4.95% |
| Other Comprehensive Income | Rs92.67 Billion | +2.7% |
| Other Changes | Rs-221.38 Billion | -6.45% |
| Total Change | Rs- | 1.89% |
Book Value vs Market Value Analysis
This analysis compares Oil & Natural Gas Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.30x to 1.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | Rs32.21 | Rs299.55 | x |
| 2005-03-31 | Rs36.50 | Rs299.55 | x |
| 2006-03-31 | Rs42.05 | Rs299.55 | x |
| 2007-03-31 | Rs51.98 | Rs299.55 | x |
| 2008-03-31 | Rs60.85 | Rs299.55 | x |
| 2009-03-31 | Rs71.86 | Rs299.55 | x |
| 2010-03-31 | Rs79.02 | Rs299.55 | x |
| 2011-03-31 | Rs89.87 | Rs299.55 | x |
| 2012-03-31 | Rs106.32 | Rs299.55 | x |
| 2013-03-31 | Rs118.85 | Rs299.55 | x |
| 2014-03-31 | Rs134.15 | Rs299.55 | x |
| 2015-03-31 | Rs147.18 | Rs299.55 | x |
| 2016-03-31 | Rs154.14 | Rs299.55 | x |
| 2017-03-31 | Rs172.36 | Rs299.55 | x |
| 2018-03-31 | Rs158.98 | Rs299.55 | x |
| 2019-03-31 | Rs170.33 | Rs299.55 | x |
| 2020-03-31 | Rs164.52 | Rs299.55 | x |
| 2021-03-31 | Rs175.66 | Rs299.55 | x |
| 2022-03-31 | Rs206.28 | Rs299.55 | x |
| 2023-03-31 | Rs224.78 | Rs299.55 | x |
| 2024-03-31 | Rs267.94 | Rs299.55 | x |
| 2025-03-31 | Rs273.00 | Rs299.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oil & Natural Gas Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.46%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.21x
- Recent ROE (10.55%) is below the historical average (16.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 20.84% | 27.24% | 0.50x | 1.53x | Rs32.36 Billion |
| 2003 | 29.18% | 30.32% | 0.57x | 1.68x | Rs68.80 Billion |
| 2004 | 22.95% | 21.67% | 0.63x | 1.68x | Rs53.54 Billion |
| 2005 | 27.71% | 28.00% | 0.63x | 1.58x | Rs82.99 Billion |
| 2006 | 26.74% | 30.09% | 0.55x | 1.62x | Rs90.35 Billion |
| 2007 | 26.64% | 21.62% | 0.74x | 1.66x | Rs110.98 Billion |
| 2008 | 25.45% | 20.54% | 0.77x | 1.61x | Rs120.64 Billion |
| 2009 | 21.46% | 18.92% | 0.68x | 1.68x | Rs105.73 Billion |
| 2010 | 19.45% | 19.39% | 0.61x | 1.65x | Rs95.87 Billion |
| 2011 | 19.79% | 19.41% | 0.61x | 1.68x | Rs112.92 Billion |
| 2012 | 20.63% | 19.17% | 0.63x | 1.70x | Rs145.00 Billion |
| 2013 | 15.88% | 14.91% | 0.64x | 1.66x | Rs89.67 Billion |
| 2014 | 10.65% | 11.37% | 0.50x | 1.88x | Rs11.18 Billion |
| 2015 | 9.71% | 11.37% | 0.48x | 1.79x | Rs-5.54 Billion |
| 2016 | 6.51% | 10.38% | 0.36x | 1.73x | Rs-69.06 Billion |
| 2017 | 11.04% | 8.64% | 0.76x | 1.67x | Rs23.00 Billion |
| 2018 | 10.84% | 6.85% | 0.70x | 2.26x | Rs17.04 Billion |
| 2019 | 14.00% | 7.24% | 0.85x | 2.27x | Rs87.32 Billion |
| 2020 | 5.22% | 2.72% | 0.79x | 2.43x | Rs-98.93 Billion |
| 2021 | 7.38% | 5.37% | 0.56x | 2.46x | Rs-57.94 Billion |
| 2022 | 17.54% | 9.27% | 0.84x | 2.26x | Rs195.72 Billion |
| 2023 | 12.98% | 5.81% | 1.02x | 2.19x | Rs84.32 Billion |
| 2024 | 14.58% | 8.17% | 0.85x | 2.11x | Rs154.37 Billion |
| 2025 | 10.55% | 5.46% | 0.87x | 2.21x | Rs18.82 Billion |
Industry Comparison
This section compares Oil & Natural Gas Corporation Limited's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $288,486,900,000
- Average return on equity (ROE) among peers: 16.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oil & Natural Gas Corporation Limited (ONGC) | Rs4.02 Trillion | 20.84% | 0.94x | $40.75 Billion |
| Oil India Limited (OIL) | $288.49 Billion | 16.30% | 0.78x | $8.63 Billion |
About Oil & Natural Gas Corporation Limited
Oil and Natural Gas Corporation Limited, together with its subsidiaries, engages in the exploration, development, production, and distribution of crude oil, natural gas, and value-added products in India and internationally. It operates through Exploration and Production, Refining & Marketing, and Petrochemicals segments. The company engages in the refining and marketing of petroleum products; li… Read more